Strasburg, VA 22657 - Shenandoah County

NEW HOME PROFESSIONALS LLC AND UNITED REAL ESTATE

PROPERTY PROFILE SHEET

If you are seeking a well maintained commercial real estate purchase that will deliver a long-term 10%+ CAP rate on your investment; please read the following details. This will be sold quick with the location, condition of building, and 10% CAP rate return

Total parcel is 2.8 acres

Approximately 47,000 sq. ft. of covered space

There is a current retail store: 9,000 sq. ft

There are three storage building that are part of the retail store lease. That long-term tenant plans to invest several hundred thousand dollars in remodeling and upgrades within the next 90 days. Tenant desires a 10-year lease with two 5-year extensions. $144,000 annually. This includes the retail store and the three storage sheds.

This retail building is partial brick, and has always been well maintained.

The storage buildings is mostly brick and well maintained.

There are 9 very clean and desirable apartments that are currently fully leased; and stay this way. 8,000 sq. ft. Fully leased: $64,800 annually. Tenants have their own private lobby and individual entries and enjoy a seasonal 50x50 concrete supported deck.

The property is located on a beautiful revitalized downtown Main St. in Virginia near Winchester, and is just mile from Interstate 81 South.

Selling price is approximately $2,000,0000 OR what is negotiated to achieve a 10% CAP rate to the buyer.

For more information and tour, please contact

All information shown here is deemed reliable, and seller and agent are not responsible for any errors